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3 years ago

The consumer decision process varies by purchase for each individual.

Business

1 answer:

Ipatiy [6.2K]3 years ago

3 0

Answer:

1. Purchasing a new home entertainment system would be considered by most consumers as a decision with high buyer involvement. When someone is concerned with the outcome of the process, they will spend more time learning about product options and become more emotionally connected to the process and the decision. For example, they might seek out product reviews in Consumer Reports and online sources to discover information that will assist in the choice decision. A high level of involvement usually means the entire process takes longer.

2. Buying gas for your car would be considered by most consumers as a decision with low buyer involvement. Decisions are often made almost automatically, often out of habit, with little involvement in the purchase decision.

Explanation:

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Rama09 [41]

<span>The Certificate of Registration must be on board and available for inspection by enforcement officers whenever a vessel is being operated.

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3 years ago

If you invest $750 every six months at 8 percent compounded semi-annually, how much would you accumulate at the end of 10 years?

liq [111]

Answer:

FV= $22,333.56

Explanation:

Giving the following information:

Semi-annual investment= $750

Interest rate= 0.08/2= 0.04

Number of periods= 10*2= 20

<u>To calculate the future value, we need to use the following formula:</u>

FV= {A*[(1+i)^n-1]}/i

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FV= $22,333.56

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3 years ago

Paula weeded 40% of her garden in 8 minutes. How many minutes will it take to weed all of her garden at this rate ?

Digiron [165]

Answer:

3.2

Explanation:

when we get the 8 minutes and multiply

the rate which is 40% we get 3.2. 8*40/100=3.2 minutes.

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3 years ago

Monica, a doctor, owns a small health care clinic that serves underserved people in a lower-income neighborhood. What type of

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3 years ago

Assume that Sandhill Co. uses a periodic inventory system and has these account balances: Purchases $420,800; Purchase Returns a

ivolga24 [154]

Answer:

Cost of goods Sold = $384,000

Gross Profit = $259,000

Explanation:

Cost of goods sold = Opening Inventory + Net Purchase - Closing Inventory

Opening Inventory = $58,100 Closing Inventory = $92,600

Net Purchases = Purchase - Purchase Return - Discounts + Freight in

Freight in forms part of cost of purchase because without this expense inventory cannot be bought in.

Net Purchases = $420,800 - $11,900 - $8,100 + $17,700 = $418,500

Cost of goods Sold = $58,100 + $418,500 - $92,600 = $384,000

Gross Profit = Sales - Cost of Goods Sold

= $643,000 - $384,000 = $259,000.

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3 years ago